Why inventory is essential in business?
Having inventory is essential because with our the product there on the shelf for the customer to purchase they can always go somewhere else. So you need sufficient inventory to meet the purchase needs of the customer who's walking through you door now and the next and the next. You learn over time which products to have on hand as you track you sales over the course of a month, a years, etc. Some products sell better at different seasons of the year so it is then you need more of that product in your inventory.
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